Effective 8/1/2006 a seller of real property in Minnesota, before signing an agreement to sell or transfer real property that is located in an airport safety zone A, B,or C, will be required to disclose in writing to the buyer the existence of airport zoning regulations that affect the property. However the disclosures do not apply to safety zones operated by the Metropolitan Airports Commission. The following airports are excluded:
- Anoka County Airport
- Crystal Airport
- Eden Prairie -Flying Cloud
- Lake Elmo
- Lakeville – Air Lake
- Minneapolis / St Paul International
- St Paul Downtown
The disclosure still applies to the remaining general airports in Minnesota, including the South St Paul Airport and Forest Lake Airport.
Sellers and buyers please note that the Minneapolis Area Association of Realtors has made it easy for you to comply with this new disclosure. The proper language has been added to the residential Seller’s Property Disclosure Statement and the Vacant Land Disclosure Statement that you receive from your agent!